DelistingMay 18, 2026, 09:08 AM
Synergy CHC Corp. Receives Nasdaq Delisting Notice
AI Summary
Synergy CHC Corp. received a notice from Nasdaq on May 15, 2026, indicating non-compliance with the minimum bid price requirement of $1.00 per share for continued listing. The company's common stock closing bid price has been below $1.00 for 30 consecutive business days. Synergy CHC Corp. has 180 calendar days, until November 11, 2026, to regain compliance by maintaining a bid price of at least $1.00 for 10 consecutive business days. The company plans to monitor its stock price and evaluate options to resolve the deficiency.
Key Highlights
- Synergy CHC Corp. received a Nasdaq notice on May 15, 2026, for failing the $1.00 minimum bid price requirement.
- The company's common stock bid price was below $1.00 for 30 consecutive business days.
- An initial compliance period of 180 calendar days is granted, until November 11, 2026.
- To regain compliance, the stock must close at $1.00 or more for 10 consecutive business days.
- The company may qualify for an additional 180-day compliance period if certain conditions are met.
- Synergy CHC Corp. plans to monitor its stock price and consider options to resolve the noncompliance.
Price Impact
More from SNYR